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Tag: Banban

Lekela Power to begin Banban plant construction in October with $90 million investments

Posted: May 11, 2016 at 7:46 pm   /   Renewables

The company has put forward a competitive tender between five or six international entities. Lekela Power will begin construction of a solar energy plant with a 50MW capacity in Banban, Aswan with $90m investments. Construction will begin in October and is expected to be completed after nine months, CEO Chris Antonopoulos said. Two wind power […]

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Kaco New Energy targets $500 million investment in Egypt during 4 years

Posted: May 11, 2016 at 5:08 pm   /   Renewables

Kaco has partnerships with Italian and Chinese companies, in addition to Orascom Construction Industries SAE in Banban. Kaco New Energy CEO Kaddour Essersi said that the company targets boosting investments in the Egyptian market by EGP 500m in the coming four years. Essersi told Daily News Egypt that the company aims to participate in 10 […]

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